Rivian unveils secret micromobility project focusing on electric small vehicles

From Yahoo Finance: 2025-03-26 10:45:00

Rivian Automotive reveals Also Inc., its secret micromobility project focusing on electric small, lightweight vehicles to address global transportation challenges. Rivian will hold a minority stake in Also, with funding from Eclipse Ventures. Founder RJ Scaringe emphasizes the need for various electric vehicle types. Rivian shares up 17% in the past year.

Read more: Rivian Unveils, Spins Off Secret Micromobility Project